NOT LISTED FOR SALE

Estimated Value: $792,000 - $1,123,208

4 Beds
2 Baths
2,380 Sq Ft
$395/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $769,000 $323 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,842/month

34 Days on Market

Highlights

  • Saltbox Architecture
  • Breakfast Area or Nook
  • Tile Countertops
  • Wood Flooring
  • Front Porch
  • Laundry Room

About This Home

As of May 2022

INVESTMENT OPPORTUNITY * DUPLEX * PRIME LOCATION.A delightful discovery near transportation/ Recreations with income potential. Sqft: 2380, Lot size:6502 . 2 units, 2 bedrooms, and 1 bath each. Fully occupied. stucco saltbox style. captivating, Leisure time joys come with this stylish informal traditional setting, individual private porch for summer Grill, inviting, large living room, formal dining, breakfast area in the kitchen, walk-in pantry for your convenience, Large bedrooms that could accommodate an extra bed. The long polished hardwood flooring hallway comes with a comfortable closet. Ample storage. Laundry washer/ dryer inside, high ceilings and ceiling fans, 2 car garage plus extra parking space. Just a few minutes to USC, Downtown, Westside by metro line. Other advantages are the long driveway and roomy backyard for your convenient parking. Must see!

Last Agent to Sell the Property

Cole Feyijimi

Action Investment Realty License #00965371 Listed on: 03/28/2022

Last Buyer's Agent

Cole Feyijimi

Action Investment Realty License #00965371 Listed on: 03/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,022

Year Built

  • Built in 1924

Lot Details

  • 6,502

Home Design

  • Duplex
  • Saltbox Architecture
  • Flat Roof Shape

Interior Spaces

  • 2,380 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Window Bars
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Driveway
  • Assigned Parking

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Front Porch
  • 6,502 Sq Ft Lot

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for gardener, water
  • Assessor Parcel Number 5034-020-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,022

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Salt Box
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: INVESTMENT OPPORTUNITY * DUPLEX * PRIME LOCATION.A delightful discovery near transportation/ Recreations with income potential. 2 units, 2 bedrooms, and 1 bath each. Fully occupied. stucco saltbox style. captivating, Leisure time joys come with this stylish informal traditional setting, individual private patio, inviting large living room, formal dining, breakfast area in the kitchen, walk-in pantry for your convenience, Large bedrooms that could accommodate an extra bed. The long polished hardwood flooring hallway comes with a comfortable closet. Ample storage. Laundry washer/ dryer inside, high ceilings and ceiling fans, 2 car garage plus extra parking space. Just a few minutes to USC, Downtown, Westside by metro line.
  • Alley: No
  • Entry Location: Living Room
  • Living Area: 2380
  • Lot Acreage: 0.1493
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Appliances: Gas
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Pantry, Tile Counters
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Hood Fan, Gas Dryer Hookup, Ceiling Fan, Garbage Disposal, Cable
  • Price Per S Q F T: 334.87

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Porch - Front
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached, Assigned, Driveway, Covered Parking
  • Total Parking: 2

Utilities

  • Water District: DWP
  • Water Heater: Gas
  • Heating: Floor Furnace, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Window Bars
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 95398
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 190799
  • Total Assessed Value: 286197
  • Assessor Parcel Number: 5034-020-012
  • Lot Description: 2-4 Lots
  • Lot Size Area: 6502

Rental Info

  • Total Actual Rent: 37224.00
  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 0.04
  • Number Of Units: 2
  • Total Annual Expense: 3920
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pensco Trust Company
Current Estimated Value
$939,802

Purchase Details

Closed on
Dec 1, 2009
Sold by
Penny Millie E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 2007
Sold by
Penny Millie Etta and The Penny Revocable Family Tru
Bought by
Penny Millie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pensco Trust Company $240,000 Lsi Title Agency
Federal Home Loan Mortgage Corporation $300,000 Servicelink
Penny Millie E -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penny Millie E $325,000
Previous Owner Penny Millie Etta $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $769,000 -3.5% $323 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/02/2022 04/02/22 Price Changed $797,000 0.0% $335 / Sq Ft
04/02/2022 04/02/22 For Sale $797,000 +3.6% $335 / Sq Ft
04/01/2022 04/01/22 Off Market $769,000 -- --
03/28/2022 03/28/22 For Sale $820,000 -- $345 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,022 $816,068 $530,604 $285,464
2024 $10,022 $800,067 $520,200 $279,867
2023 $9,836 $784,380 $510,000 $274,380
2022 $3,828 $291,919 $194,614 $97,305
2021 $3,768 $286,197 $190,799 $95,398
2020 $3,801 $283,263 $188,843 $94,420
2019 $3,663 $277,710 $185,141 $92,569
2018 $3,542 $272,265 $181,511 $90,754
2016 $3,369 $261,694 $174,463 $87,231
2015 $3,323 $257,764 $171,843 $85,921
2014 $3,348 $252,715 $168,477 $84,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-140015

The MLS

APN: 5034-020-012